July 2008

Trends and Resources

HP Impact: HPImpact: Smaller firms compete for large projects by harnessing 3D design

3D plant design systems have fundamentally transformed the plant creation and operations business by enabling a greater number of smaller businesses to undertake large projects that previously were th..

Weirauch, Wendy, Hydrocarbon Processing Staff

3D plant design systems have fundamentally transformed the plant creation and operations business by enabling a greater number of smaller businesses to undertake large projects that previously were the purview of mega-firms, according to a new study. Almost two-thirds of the participants for the study—conducted by market research firm Daratech—whose companies do not use 3D plant design software believe that their companies will not be competitive three years from now unless they become 3D-enabled. Almost 40% of respondents said that their companies have, from time to time, chosen not to bid on projects because of their lack of 3D system capability. Project productivity is up 30

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